ChainCatcher news, Ethena founder Guy Young posted on social media that USDe processed over $50 million in redemptions overnight, marking the largest redemption to date without any issues. The collateral assets and reserves of USDe have consistently maintained a ratio of over 101% to the supply of USDe.The next monthly custody asset proof, originally planned for release at the end of the month, will be released earlier this week to provide greater transparency to the community.

ChainCatcher news, according to Bitcoin.com, DBS Bank recently stated that the trading value of digital payment tokens on its digital exchange has significantly increased in the first five months of 2024.DBS Bank elaborated: "Compared to the same period in 2023, the value of digital payment tokens traded on the DBS digital exchange (Ddex) in the first five months of this year has nearly doubled in Singapore dollars, the number of active trading customers has increased by 36%, and the digital assets custodied by DBS Bank (in Singapore dollars) have surged by over 80%."DBS Bank explained that this significant growth is attributed to a large influx of deposits from customers seeking secure, bank-grade trading and custodial digital asset platforms. Meanwhile, the total market capitalization of cryptocurrencies has grown by about 50% during the same period.

ChainCatcher news, the crypto lending platform Celsius tweeted that starting today, eligible users will be able to withdraw 100% of their allocable custodial assets (minus certain transaction fees). Earlier this year, the court approved the distribution of the remaining 6% of allocable custodial assets to eligible users, totaling 100% of the allocable custodial assets for eligible users. Previously, eligible users were authorized to withdraw 94% of their respective allocable custodial assets. (source link)

ChainCatcher news, the encrypted lending platform Celsius tweeted that Celsius has provided an update regarding the upcoming withdrawal process for certain assets in some custodial accounts. Eligible custodial users will be able to withdraw approximately 94% of their eligible custodial assets. Whether eligible users can withdraw the remaining 6% will be determined by the court later.Additionally, eligible users will receive specific information related to GAS and transaction fees associated with the withdrawal activity. Qualified users who do not have sufficient assets in their accounts to cover these fees will not be allowed to withdraw their assets. Eligible users are expected to receive an email and communication from the Celsius app on February 15, informing them of their eligibility. (source link)